'Arsene Wenger will be extending his Arsenal contract,' confirms the Gunners' chief executive Ivan Gazidis
Frenchman's current deal runs out at the end of the season
Monday 27 January 2014
Arsenal chief executive Ivan Gazidis has confirmed that manager Arsene Wenger will be extending his contract, which runs out at the end of the season.
The Frenchman, who has been in charge of the Gunners since September 1996, had hinted that he will be staying on with the league leaders, but no announcement has been made personally.
"We have always been completely behind him," Gazidis said at the unveiling of Arsenal's new kit deal with Puma on Monday. "We are comfortable in the position and relaxed about it. Arsene will be extending with us and at the right time we will make that announcement."
Arsenal are currently competing on three fronts for a trophy this season - topping the Premier League, in the fifth round of FA Cup and in the last 16 of the Champions League - as they look to end their nine-year wait for silverware.
The kit deal with Puma is understood to be worth around £150m over five years, and begins in July, when they officially take over from Nike. Gazidis said the money will be made available to Wenger to invest in the team.
Gazidis said at the launch: “We are excited to be partnering with Puma, a company whose football heritage and record of innovation have a strong affinity with our own. This represents another important step forward in Arsenal's progression on and off the pitch.”
Ivan Gazidis the Arsenal CEO shakes the hand of Bjoern Gulden the CEO of Puma at Emirates Stadium on Monday
Diving in at the deep end is no excuse for shirking the style stakes
Latest in Sport
Paul Pogba to Chelsea? Juventus star linked with £60m transfer spotted in west London
World Cup 2014: Neymar's agent launches scathing attack on Brazil's Luis Felipe Scolari, labelling him 'an old jerk, arrogant, repulsive, conceited and ridiculous'
Loic Remy to Arsenal? Gunners close in on move for QPR and France striker - reports
Angel di Maria: Manchester United manager Louis van Gaal 'monitoring' Real Madrid star
World Cup 2014: The 50 best players of the World Cup
- 2 Loom bands: Bids for dress made from colourful rubber reach almost £154,000 on eBay
- 3 PornHub begs users to stop uploading video clips of Brazil getting beaten 7-1
- 4 Why I'm on the brink of burning my Israeli passport
- 5 L'Oreal cuts ties with Belgium supporter Axelle Despiegelaere after hunting trip photographs
Sustained immigration has not harmed Britons' employment, say government advisers
Australia facing international condemnation after turning around Sri Lankans at sea
7/7 memorial defaced on anniversary of 2005 attacks with ‘Blair lied thousands died’ graffiti
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
There’s a nasty smell in the political air – and it’s coming from the Tories